Question

What place does money occupy in the modern world, according to the writer?

Answer 1

Step 1: Understanding the Question
The question asks to identify the role or importance of money in the modern world as described in the passage.
Step 2: Locating the Information in the Passage
We need to scan the passage for statements that describe the position of money.
The second sentence of the first paragraph explicitly states: "Money is the pivot on which the present world seems to turn."
Step 3: Formulating the Answer
A "pivot" is a central point on which something turns or depends.
Therefore, the writer believes that money is the most crucial element in the modern world, and everything revolves around it.
Step 4: Final Answer
The writer states that money occupies a central and pivotal place in the modern world, acting as the axis around which everything else revolves.

Answer 2

Step 1: Understanding the Question
The question asks about the common or typical use of money by people, as per the author's view in the passage.
Step 2: Locating the Information in the Passage
We need to look for sentences that describe how money is commonly used.
The end of the first paragraph states: "...the abuse of money is the rule, and the right use of money, the exception."
The second paragraph reinforces this idea: "...money earned is in the majority of cases wrongly used."
Step 3: Synthesizing the Information
Both statements indicate that the writer believes the general tendency is to misuse or abuse money. Rightful use is described as rare ("the exception"). This is attributed to human nature being "fundamentally selfish".
Step 4: Final Answer
The writer states that money is generally used wrongly or abused by people everywhere, and its correct use is an exception to the rule.

Answer 3

Step 1: Understanding the Question
The question asks for the writer's definition of the correct or proper way to use money.
Step 2: Locating the Information in the Passage
The last sentence of the passage provides a direct definition.
It states: "The right use of money consists in spending it for universal good, for the greatest good of the greatest number, in addition to meeting one's personal and family requirements."
Step 3: Breaking Down the Definition
The writer's idea of the "right use" has two parts:
1. First, meet the essential needs of oneself and one's family.
2. Beyond that, spend it for the benefit of everyone ("universal good") and for the welfare of the largest possible group of people ("the greatest good of the greatest number").
Step 4: Final Answer
The right use of money, as defined by the writer, involves first fulfilling personal and family needs and then using the remainder for the collective benefit of society.

Answer 4

Step 1: Understanding the Question
The question asks to find a synonym for the word 'needs' within the provided text.
Step 2: Scanning the Passage for Synonyms
We need to read through the passage and look for a word that has a similar meaning to 'needs', which refers to things that are essential or required.
The last sentence of the passage says: "...in addition to meeting one's personal and family requirements."
Step 3: Confirming the Meaning
The word "requirements" in this context refers to the essential things that a person and their family need to live. This is a direct synonym for 'needs'.
Step 4: Final Answer
The word in the passage that means 'needs' is "requirements".